FlowBank
- Company typePrivate
- Founded2020
- HeadquartersLondon, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingServices
FlowBank firmographics
Firmographics- Name
- FlowBank
- Legal name
- FlowBank SA
- Website
- https://flowbank.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Closed
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
FlowBank industry classification
Industry- Product category
- Online Banking and Digital Asset Services
- NAICS
- Savings Institutions and Other Depository Credit Intermediation (522180)
- SIC
- Functions Related To Depository Banking, Nec (6099), Finance Services (6199)
- akta.pro primary industry
- Treasury, Cash Management & Liquidity Tools (Sweeps, Cash Concentration) (FSAGAAAG)
- akta.pro secondary industries
- Crypto-Enabled Cross-Border Transfers & On/Off-Ramps (FSAGAKAO), Payables & Disbursements (ACH/SEPA, wires, checks, virtual cards) (FSABAIAB)
Keywords
Where FlowBank is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
FlowBank business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others
FlowBank product offering
Product offeringCore offering
FlowBank operated a Swiss-regulated online banking and multi-asset trading platform providing digital asset custody, trading, and independent custody services. It served brokers, corporate clients, and cryptocurrency exchanges with banking services enhanced by CoinShares' proprietary digital asset technology.
Product overview
FlowBank operated as a Swiss online bank offering a digital banking platform with integrated digital asset services. The platform provided retail and institutional clients with digital asset custody, trading capabilities, and independent custodian services for cryptocurrency exchanges. FlowBank's offering was enhanced through strategic involvement with CoinShares' proprietary technology for digital asset exposure and innovation. Note: FlowBank entered bankruptcy proceedings on June 12-13, 2024, with FINMA withdrawing its banking license.
Differentiator
Problem solved
Functional benefit
Products and services
- FlowBank Digital Banking Platform Swiss-regulated online banking platform offering digital asset custody, trading capabilities, and integrated online banking services to brokers and corporate clients, enhanced through CoinShares' proprietary digital asset technology.
- Independent Custody Services
Companies that use FlowBank
Customer profileIdeal customer profiles2 records
FlowBank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
FlowBank partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights3 records
FlowBank competitors and assessment
Company assessmentDirect peers
- Saxo Bank: Denmark-headquartered multi-asset trading platform serving brokers and corporate clients with FX, securities, and CFD offerings. Closely comparable GTM motion and platform model to FlowBank's B2B brokerage focus.
- Dukascopy Bank: Geneva-based Swiss online bank and multi-asset trading platform offering forex, CFDs, and cryptoasset services. Direct geographic and product-line peer to FlowBank's brokerage/corporate offering.
- Swissquote Bank: Swiss-listed online bank and multi-asset trading platform serving retail and institutional clients across forex, securities, and digital assets. Highly comparable business model to FlowBank with broader scale.
- Sygnum Bank: Swiss-headquartered digital asset bank offering regulated banking, trading, and digital asset custody services. Directly comparable to FlowBank in operating model, geography, and product set, and notably named alongside FlowBank as a Binance independent custodian.
- Bitcoin Suisse: Swiss-regulated crypto financial services provider offering custody, trading, staking, and lending. Direct competitor in the Swiss digital-asset financial services market.
- AMINA Bank (formerly SEBA Bank): Swiss FINMA-licensed bank providing digital asset custody, trading, and investment services to institutional and professional clients. Closest direct competitor to FlowBank in the Swiss regulated crypto-banking niche.
Broad incumbents
- Interactive Brokers: Global multi-asset brokerage serving institutional and professional clients with FX, securities, and broader trading capabilities. Overlaps with FlowBank's multi-asset platform offering at much larger scale.
- Coinbase: US-listed digital asset exchange and custody provider offering regulated crypto trading and storage. Overlaps with FlowBank's digital-asset custody and trading product layer.
- Kraken: Global cryptocurrency exchange offering trading, staking, and custody services. Adjacent incumbent in the digital-asset trading and custody space that competes for similar institutional flows.
Regional players
- 21Shares: Swiss-headquartered crypto ETP/asset management firm with strategic ties to the broader Swiss digital-asset ecosystem. Comparable Swiss crypto-financial-services footprint, though focused on ETP products rather than banking.
Market position
Strengths2 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
FlowBank social profiles
Digital presenceFlowBank financial estimates
Financial estimateRevenue estimate
Valuation estimate
FlowBank leadership team
Management profileNumber of profiles
Profiles3 records
FlowBank funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FlowBank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FlowBank
What does FlowBank do?
FlowBank operated a Swiss-regulated online banking and multi-asset trading platform providing digital asset custody, trading, and independent custody services. It served brokers, corporate clients, and cryptocurrency exchanges with banking services enhanced by CoinShares' proprietary digital asset technology.
Is FlowBank a public or private company?
FlowBank is a private company. It is classified as corporate owned and is currently closed.
When was FlowBank founded?
FlowBank was founded in 2020. It employs 101 to 250 people.
Where is FlowBank based?
FlowBank is headquartered in London, United Kingdom, in the Europe region.
Who are FlowBank's main competitors?
Direct peers on record are Saxo Bank, Dukascopy Bank, Swissquote Bank, Sygnum Bank, Bitcoin Suisse and AMINA Bank (formerly SEBA Bank). Broad incumbents are Interactive Brokers, Coinbase and Kraken. 21Shares is listed as a regional player.
Does FlowBank have an API?
No public API is recorded for FlowBank.
What industry is FlowBank in?
FlowBank's product category is Online Banking and Digital Asset Services. Its primary akta.pro industry code is FSAGAAAG, Treasury, Cash Management & Liquidity Tools (Sweeps, Cash Concentration), with a secondary code of FSAGAKAO, Crypto-Enabled Cross-Border Transfers & On/Off-Ramps. Its NAICS code is 522180 and its SIC code is 6099.